Saudi Aramco boss: US$1 trillion of investment into energy market cancelled or deferred because of oil price

cq5dam.web.690.388 1As much as US$1 trillion of investments has either been deferred or cancelled with the lower-for-longer oil prices, and this underinvestment will impact the future of energy, Amin Nasser, the chief executive of Saudi Aramco, said on Tuesday

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Sparrows Group awarded crane contracts by Dubai Petroleum

A Sparrows ECR20 crane on rental in the Middle EastSparrows Group has secured two crane contracts with Dubai Petroleum, one for maintenance services and the other for the delivery of rental cranes

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Interview: Dow discusses its AMINE MANAGEMENT Program for gas sweetening services

Dow Amine Unit 3Adriano Gentilucci, Commercial Director, IMEA for Dow Oil, Gas & Mining, spoke to Oil Review Middle East about the company's new gas sweetening service

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Petrofac wins Iraq contract

petrofacengineerPetrofac has been awarded a contract, valued at around US$30mn, to undertake Project Management Consultancy (PMC) services for the Halfaya Contract Area (Halfaya) in southern Iraq

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When will the oil market face peak demand?

electriccarA new report from Wood Mackenzie argues that peak oil market demand will not occur before 2035, but we are seeing facets of it already

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